All categories

2 years ago

A homeowner from State A hired a contractor from State B to build a vacation home for her in State C. The parties signe

1 answer:

5 0

The following facts is most relevant to the court's decision on the homeowner's motion : The contractor removed the case to the federal court for State A.

INTERPRETATION-

The commencement of the action in State A is most relevant. When a case is removed from state court to federal court, venue is set in the federal district court that embraces the state court in which the action was pending, making the federal district court of State A the only appropriate venue choice.

Thus, (C) is the correct answer because the most (indeed, only) relevant fact is the fact that the action was commenced in a court of State A.

In answer choice (B)

Unlike cases commenced in federal court, in cases removed to federal court, the residence of the defendant contractor.

In answer choices (A) and (D)

The place where a substantial part of events relating to the claim occurred are irrelevant.

Therefore we can conclude that the correct choice is C.

Your question is incomplete, but most probably your full question was:

A homeowner from State A hired a contractor from State B to build a vacation home for her in State C:

A. The parties signed the contract in State A.

B. The contractor breached the contract, and the homeowner sued the contractor in a court of State A, seeking damages of $100,000.

C. The contractor removed the case to the federal court for State A.

D. The homeowner promptly moved to remand the case to state court, arguing that venue was improper.

Which of the following facts is most relevant to the court's decision on the homeowner's motion?

Learn more about Federal Court's Decision on:

brainly.com/question/10051092

#SPJ4

You might be interested in

The current price of a non-dividend-paying stock is $80. Over the next six months it is expected to rise to $90 or fall to $74.

umka21 [38]

Answer:

Buy 0.8 shares for each option purchased

Explanation:

Calculation to determine What is necessary to hedge the position

Using this formula

N=Vu-Vd/U-D

U = stock price in case of an up move = $36

D = stock price in case of an down move = $26

VU = put option value if stock goes up = $0

VU = put option value if stock goes down = $32 - $26 = $6

Using this formula

−

Now let calculate What is necessary to hedge the position

Value =74 x + 6

Hence,

90x=74x + 6,

x=6/(90-74)

x=6/16

x=.375

3 0

3 years ago

Which is an example of something that is inelastic?

sweet-ann [11.9K]

-Inelastic means that the consumers will still purchase the product at the same rate despite price changes.
-The answer would be cancer medication, because the consumer would still need to buy this regardless of price. Even if it puts them in a financial bind.
-When having your on a car or watch, if the price of that item increases, you could be less likely to buy it.
-When picking out a hamburger at a restaurant, the customer is most likely to by a cheaper burger if they are on a budget.

5 0

4 years ago

The records of Pippins, Inc., included the following information: Net sales $ 1,000,000 Gross margin 475,000 Interest expense 50

Lelu [443]

Answer:

Times interest earned (TIE) = 7.4 times

Explanation:

The times interest earned (TIE) ratio is a measure used to analyze the company's ability to meet its debt obligations on the basis of its current income level. The TIE ratio is calculated as follows,

Times Interest Earned (TIE) = EBIT / Total Interest expense

Where,

EBIT is the earnings of the company before interest and tax

To calculate TIE, we first need to determine the EBIT. EBIT can be calculated by backward working. Thus, EBIT is:

EBIT = Net income + tax + interest expense

EBIT = 240000 + 80000 + 50000

EBIT = $370000

Times interest earned (TIE) = 370000 / 50000

Times interest earned (TIE) = 7.4 times

6 0

3 years ago

After a sluggish quarter, the Federal Reserve Bank decides to increase the money supply in the economy. When the money-creation

Maslowich

Answer:

20; $1 billion

Explanation:

Given that,

New funds = $20 billion

Required reserve ratio = 5%

Money multiplier:

= 1/Required reserve ratio

= 1/0.05

= 20

Initial money increase by:

= Funds wants to be in the money supply × Required reserve ratio

= $20 billion × 5%

= $1 billion

Therefore, the Fed should initially increase $1 billion in the money supply.

5 0

3 years ago

A production possibilities frontier:

jek_recluse [69]

Shows how participants in the market are linked.

6 0

4 years ago